The total market capitalization of stocks listed on the Shanghai stock exchange is roughly US$3 trillion.
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China to Raise Limit on QFII Quotas to $1 Billion
http://www.bloomberg.com/apps/news?pid=20601087&sid=agcv363GXIPQ
As of August, 87 qualified foreign institutional investors including UBS AG and Morgan Stanley were permitted to invest a combined $15 billion in local-currency stocks and bonds.
âWe have raised the limit for each fund to $1 billion within the current total $30 billion size of all funds to encourage more good investors to come in,â said Chu Yumei, deputy head of the capital account department at the regulator. âWeâll grant new quota under the existing total limit.â
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China to Raise Limit on QFII Quotas to $1 Billion
http://www.bloomberg.com/apps/news?pid=20601087&sid=agcv363GXIPQ
As of August, 87 qualified foreign institutional investors including UBS AG and Morgan Stanley were permitted to invest a combined $15 billion in local-currency stocks and bonds.
âWe have raised the limit for each fund to $1 billion within the current total $30 billion size of all funds to encourage more good investors to come in,â said Chu Yumei, deputy head of the capital account department at the regulator. âWeâll grant new quota under the existing total limit.â
